By Staff Reporter
ISLAMABAD: General Qamar Javed Bajwa reiterated that he will retire next month, ending speculation that the army chief will seek a third term.
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ADB to provide $2.3 to $2.5 billion for flood ravaged Pakistan
By Staff Reporter
ISLAMABAD: The Asian Development Bank on Wednesday said it will provide $2.3 to $2.5 billion for relief operations in the wake of devastating floods in Pakistan that have affected more than 33 million people.
SBP probes eight banks over possible forex manipulation
By Staff Reporter
ISLAMABAD: The State of Pakistan (SBP) on Tuesday said it has opened an investigation into alleged exchange rate manipulation by a goup of banks.
Govt gears up to counter PTI’s possible long-march
By Naveed Naqvi
ISLAMABAD: The government while announcing to stop PTI Long March entrance to Islamabad, has approved the action against all those organizations helping the march in form of logistics and economic means.
PM Sharif says rival Imran Khan is ‘biggest liar on earth’
By Naveed Naqvi
ISLAMABAD: Prime minister, Shehbaz Sharif, has accused the former premier Imran Khan of being the “the biggest liar on the face of the earth” and injecting poison into society to “dangerously polarise the electorate”, after he was toppled from power earlier this year.
IMF says policy commitments made by Pakistan to continue to apply
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) said policy commitments made by Pakistan for the resumption of bailout package continue to apply.
UN hikes Pakistan’s flood aid appeal to $816 million
By Staff Reporter
ISLAMABAD: The United Nations has revised up its humanitarian appeal for Pakistan five-fold to $816 million from $160 million for floods relief as the country’s climate change minister said on Tuesday Islamabad is short of money to spend on immediate relief and recovery.
IHC drops contempt case against ex-PM Khan
By Staff Reporter
ISLAMABAD: Islamabad High Court on Monday accepted former Prime Minister Imran Khan’s written apology for comments he made against a female judge in August and dropped a contempt of court case against him, lawyers said.
Cabinet approves legal action against ex-PM Khan over leaked cypher audio
By Staff Reporter
ISLAMABAD: The government on Sunday decided to initiate legal action against former prime minister Imran Khan and his party’s senior leaders over audio leaks in which the PTI chief could allegedly be heard discussing the controversial US cypher and how to exploit it to portray his ouster as a conspiracy.
HBL faces liability for terrorist attacks in US court
By Staff Reporter
KARACHI: Pakistan’s largest bank, Habib Bank Limited (HBL), faces secondary liabilities in a terror financing case in the US in which the plaintiffs had alleged that it aided and abetted Al Qaeda terrorism and joined a conspiracy to launch attacks that killed or injured 370 people.